RE: Re : 5pPlasticBagget12 Sep 2018 16:25
BP bought BHPS US shale assets for $10.5Bn for considerably less assets than we are potentially looking at.
However those assets are already producing 190,000 BOED using thousands of wells (think 5X more than what we have) in an area with the infrastructure already in place so I think if we were to receive a take over bid we would be looking for less than what BP paid based on the additional investment likely required. But if I'm wrong its higher win win!
£1 special dividend would be life altering for me and most of us I imagine. We can dream!